Skip to content

Former Valencia president arrested for plotting to kidnap successor

Apr 9, 2014, 9:49 AM EDT

Soler

A bizarre story out of La Liga has seen former Valencia president Juan Bautista Soler arrested for plotting to kidnap his successor Vicente Soriano.

Having resigned from his position at the club in 2008 for health reasons, Soler now has been arrested in the city of Valencia.

According to Spanish media, police made the arrest after a two-week investigation involving the possibility that Soler hired an Eastern European specialist for between €50,000 to €100,000 ($69,000-$138,000) to abduct Soriano.

After Soler’s departure, he sold his share of the club to Soriano for €85.5 million ($118 million), which gave Soriano a majority stake.

Soriano only intended on purchasing the club as a middle man in order to sell to Uruguayan company Investment Dalport.  But that deal fell through when it was discovered that the money Investment Dalport intended to purchase the club with never actually existed and the notes were false.

So Soriano was stuck with the club, and naturally had trouble making payments to Soler. You can see where this is going.

He tried to get out of the deal, but a court order ordered him to make his payments plus interest for being late.  Formerly a majority share, Soriano’s cut today only represents a 5% ownership, and his shares have been siezed. Unfortunately, Soler apparently still has some bad blood towards Soriano likely caused by a loss on the deal, so he decided to take matters into his own hands.

According to Spanish media, the prosecution has not yet decided to ask for jail time and Soler has been released for the time being, but he is not allowed to leave the country and is barred from entering within 15 meters of Soriano.  He will appear in court on a “regular basis” as the investigation continues and a trial commences.

Latest Posts
  1. After summer of “crisis”, Southampton go second in Premier League

    Sep 20, 2014, 2:17 PM EDT

    Swansea City v Southampton - Premier League Getty Images

    Saints are flying high early in the season, as preseason predictions of relegation seem to be well wide of the mark.

  2. Danny Welbeck gets off the mark for Arsenal, links up with Ozil superbly

    Sep 20, 2014, 1:50 PM EDT

    Britain Soccer Premier League

    Can Welbeck and Ozil click and become Arsenal’s main offensive weapons?

  3. At the half: West Ham builds 2-0 lead, Liverpool pulls one back

    Sep 20, 2014, 1:21 PM EDT

    West Ham United v Liverpool - Premier League Getty Images

    Raheem Stirling has narrowed Liverpool’s deficit to 2-1 at halftime in a Saturday afternoon thriller on NBC.

  4. Cisse salutes cancer-battling Jonas, Pardew defends job as Newcastle drew Hull

    Sep 20, 2014, 1:14 PM EDT

    Britain Soccer Premier League AP

    “It’s not lost on me that I get accused of being arrogant but I’m also a proud man to be manager of this football club and I’m going to fight to keep it,” Pardew said.

  5. VIDEO: Real Madrid smash eight past Deportivo; Cristiano Ronaldo bags hat trick

    Sep 20, 2014, 12:25 PM EDT

    RC Deportivo La Coruna v Real Madrid CF - La Liga Getty Images

    Watch Real’s masterclass, as the Spanish giants batter Deportivo in La Liga.

  6. Burnley 0-0 Sunderland: Third-straight scoreless draw for Clarets

    Sep 20, 2014, 12:05 PM EDT

    Burnley v Sunderland - Premier League Getty Images

    Clarets and Black Cats still searching for first win of the season after stalemate.

  7. Swansea City 0-1 Southampton: 10-man Swans can’t hold off sub Wanyama

    Sep 20, 2014, 11:57 AM EDT

    RC Celta de Vigo v Southampton - Pre Season Friendly Getty Images

    The loss drops Swansea to fifth place on nine points, while Saints jump into second place with 10 points.

  8. Newcastle United 2-2 Hull City: Cisse’s brace saves embattled Magpies

    Sep 20, 2014, 11:55 AM EDT

    Cisse AP

    Cisse revealed an undershirt message of “Always looking forward Jonas” for his teammate Gutierrez, who revealed cancer struggles earlier this week.

  9. Aston Villa 0-3 Arsenal: Red-hot Ozil, Welbeck fire Gunners to victory (video)

    Sep 20, 2014, 11:53 AM EDT

    Aston Villa v Arsenal - Premier League Getty Images

    Three goals in three first half minutes do the business for Arsene Wenger’s men.

  10. Watch live: West Ham United vs. Liverpool (Lineups)

    Sep 20, 2014, 11:50 AM EDT

    Liverpool v West Ham United - Premier League Getty Images

    Liverpool will start Fabio Borini and Mario Balotelli up top after their last-gasp Champions League win over Ludogorets midweek.

  11. VIDEO: Arsenal score three goals in three minutes, as Gunners explode

    Sep 20, 2014, 11:21 AM EDT

    Aston Villa v Arsenal - Premier League Getty Images

    Ozil and Welbeck rip Villa apart in stunning three-minute spell for the Gunners.

  12. Premier League half time update: Arsenal on fire, Swansea down to 10

    Sep 20, 2014, 11:02 AM EDT

    Swansea City v FC St Gallen - UEFA Europa League Getty Images

    Action at Villa Park, while a Swan sees red at the Liberty.

  13. Watch Live: Burnley vs. Sunderland (Lineups)

    Sep 20, 2014, 9:56 AM EDT

    sean_dyche Getty Images

    Both clubs go in search of their first win of the season. Watch live, right here.

  14. Watch Live: Aston Villa vs. Arsenal (Lineups)

    Sep 20, 2014, 9:48 AM EDT

    Can Arsenal kick on and cap a fine week with a win at Leicester? AP

    Can the Gunners grab their first win since the opening day of the season? Will Villa stay unbeaten? Watch live, right here.

  15. Watch live: Swansea City vs. Southampton (Lineups)

    Sep 20, 2014, 9:47 AM EDT

    FBL-ENG-PR-SOUTHAMPTON-SWANSEA Getty Images

    Bafetimbi Gomis has been relegated to the bench for the hosts, while Shane Long gets the start up-top with Graziano Pelle for the Saints.

  16. Queens Park Rangers 2-2 Stoke City: Kranjcar’s cracker saves QPR

    Sep 20, 2014, 9:39 AM EDT

    Queens Park Rangers v Stoke City - Premier League Getty Images

    Kranjcar’s curler saves the day for Rangers, as Stoke are thwarted.

  17. Watch Live: Newcastle United vs. Hull City (Lineups)

    Sep 20, 2014, 9:19 AM EDT

    Britain Soccer Premier League AP

    Tigers midfielder David Meyler, recipient of a Pardew head butt last season, will start on the bench.

  18. Jose Mourinho wants Manchester City’s title taken away, points deducted

    Sep 20, 2014, 9:04 AM EDT

    Britain Soccer Champions League AP

    Mourinho: “Are the fines fair? I don’t think so. What is fair is to remove points and titles.”

  19. Louis van Gaal: No player is a guaranteed starter at Manchester United

    Sep 20, 2014, 8:15 AM EDT

    VanGaal Getty Images

    LVG lays down the law ahead of United’s trip to Leicester on Sunday.

  20. Watch Live: Queens Park Rangers vs. Stoke City (Lineups)

    Sep 20, 2014, 7:27 AM EDT

    Queens Park Rangers v Stoke City - Premier League Getty Images

    Can QPR bounce back from last weeks drubbing and beat the Potters? Watch live, right here.

Featured video

Breaking down Man City vs. Chelsea